In a recent podcast, Mike Fay shares insights on the current volatility in the cryptocurrency Market. He discusses how Bitcoin is behaving like a risky asset tied to US equities rather than a safe haven, as concerns about utility loom amidst Market fluctuations. Fay addresses the influence of political initiatives on crypto sentiment and ranks ...
In a recent episode of the Investing Experts podcast, Mike Fay discusses the current volatility in the crypto Market and how it correlates with U.S. equities. He highlights the impact of new initiatives, like Bitcoin ETFs and varying cryptocurrencies such as Solana and Ethereum, emphasizing long-term bullish sentiment despite short-term uncertainties. Fay suggests careful capital ...
Bitcoin experienced a bounce from $76,606 on March 11, but couldn’t hold above $84,500 on March 12, leading analysts to suggest it’s in a macro correction, with critical support expected between $71,000 and $72,000. Recent sell-offs have mainly come from short-term holders. Meanwhile, the US Dollar Index has dropped, which typically favors Bitcoin. In price ...
The cryptocurrency Market has seen a drop in capitalization to $2.75 trillion, following a 4% decline on Tuesday. Ethereum, Dogecoin, and Chainlink are among the biggest losers in the top 20 assets. A $930 million Bitcoin transfer from the now-defunct Mt. Gox exchange raised concerns about a potential sell-off, leading to Bitcoin’s price falling to ...
MicroStrategy, led by Michael Saylor, aims to raise $21 billion through a unique program to buy more Bitcoin. They will sell preferred stock, which offers an 8% dividend, and these shares can be converted into common stock. This approach allows them to time the Market wisely and avoid overwhelming it with shares. Currently, the company ...
Bitwise’s chief investment officer, Matt Hougan, suggests that US President Donald Trump’s proposed crypto reserve will primarily consist of Bitcoin, despite initial inclusion of other altcoins like Solana, XRP, and Cardano. Market reactions have been mixed, with concerns that the diverse range of assets complicates the plan. While Bitcoin’s price surged initially, it later dipped ...
According to Matt Hougan, Chief Investment Officer at Bitwise, although US President Donald Trump initially planned a crypto reserve that includes several altcoins, it is expected that the reserve will mainly consist of Bitcoin. Hougan believes that the Market misunderstood the inclusion of smaller cryptocurrencies, which complicated the situation. He anticipates that Bitcoin will dominate ...
Bitcoin recently surged from $81,500 to nearly $90,000 as bulls attempted to maintain momentum. However, analysts caution that Bitcoin may face resistance at $94,000, leading to potential consolidation in the coming months. Mexican billionaire Ricardo Salinas remains optimistic about Bitcoin, having invested 70% of his portfolio in it. In terms of price analysis, Bitcoin is ...
As of March 2, 2025, Bitcoin is trading at $87,728.20, reflecting a positive 1.95% change in the last five days. However, it’s down 10.95% since the beginning of the year, indicating a struggle for recovery amidst ongoing Market fluctuations. Recent headlines highlight significant developments, including President Trump’s declaration that the U.S. cryptocurrency strategic reserve includes ...
The cryptocurrency Market is experiencing a shift as interest in meme coins begins to rise while enthusiasm for AI agent tokens is waning. Currently, only a handful of AI tokens are being created daily, indicating a significant drop since their peak last year. Despite this decline, some analysts see potential in AI projects for the ...
